Description:
As an Associate Director within the UK P&C Consulting Practice you will work with some of the market’s top thought leaders designing and implementing cutting-edge solutions to underwriting and pricing challenges faced by the world’s leading commercial insurers.
In your role you will be helping our clients by:
- Act as a subject matter expert (SME) on client underwriting transformation projects, ensuring alignment between client business objectives and operational changes.
- Lead and support client’s underwriting teams in adopting digital decisioning tools and data-driven underwriting strategies.
- Collaborate with internal teams and clients to improve underwriting and pricing processes, enhance risk selection, and optimize portfolio performance.
- Provide insights to clients on portfolio trading and management to support profitable growth and capital efficiency.
- Identify opportunities for automation, technology adoption, and data integration in underwriting decision-making, including how those changes could be integrated into our product offering.
- Support the clients in navigating the evolving commercial and specialty insurance landscape, leveraging market trends and digital innovations.
The Role
Your Main Responsibilities Will Be As Follows
Clients
- To build a market profile as a representative and advocate of WTW commercial and specialty lines underwriting and pricing consulting services and software tools
- Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
- Actively seek to be involved in a variety of work to ensure a broad skill set (technical, management and client) is maintained and developed
- Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues
- Demonstrate commitment to WTW’s professional standards in managing analyses and in communications with clients
Thought leadership
- To develop new relevant propositions or to enhance current propositions in commercial and specialty lines underwriting and pricing leveraging WTW’s toolset and broader underwriting and pricing intellectual property and resources
- Lead or contribute to the development of the company’s intellectual capital including plans for taking this to market
- Have a desire to establish and enhance a public reputation in a chosen specialism through the production of articles and presentations
Financial and business development
- Meet goals for billable hours and intellectual capital development
- Develop and present proposals to potential clients, demonstrating the economic value of the company’s offerings
- Use contacts within current network to obtain introductions to new contacts; work to develop supporters for company’s products and services
People
- Build relationships internally and collaborate effectively on cross-functional teams
- Serve as a manager and/or mentor to more junior associates training them on the specificities of the London Market, including processes, systems and market operations.
Qualifications
The Requirements
- Proven underwriting experience, ideally with exposure to both trading and head-office environments.
- Experience in operational change within underwriting, such as acting as the SME or team representative in an internal transformation program.
- Strong understanding of digital decisioning and its potential impact on commercial and specialty underwriting.
- Exposure to portfolio trading and/or portfolio management is highly desirable.
- The ability to see the "big picture”, leveraging the resources of related practices to address the clients' business challenges
- A forward-thinking mindset with a desire to innovate and challenge traditional underwriting practices.
- Excellent stakeholder management skills, with the ability to engage underwriting teams, technology partners, and senior leadership.
- Ability to work in a dynamic, fast-paced environment and drive change effectively.
- Advocate for the value of data enrichment in commercial lines pricing and underwriting
- Experience or interest in selling projects to insurance / financial institutions
- Strong communication skills
- Strong interpersonal and team skills
- Self-starter attitude and ability to work within ambiguity
- Strong analytical and creative skills
- Enjoy training / mentoring junior staff
- Availability to travel on an as needed basis, domestically and internationally